Volkswagen Golf Lease Questions

Comments

Could you tell me the current (Sep 2012) residual and money factor on 2012 and 2013 Golf R? It would be for a 4 door version if that matters and 3 years and 36000 miles. My guess is that the money factor is probably not very attractive. I am in CT if there are any regional promotions. Also do you know if there are any incentives offered? Thank you for the help.

I'd be happy to help you out, billdct. Wow, expensive car, but a nice one . Your guess about the money factors not being great was spot on.

Volkswagen Credit's September buy rate lease money factor and residual value for a 36-month lease of a 2012 Golf R with 12,000 miles per year are .00157 and 52%, respectively for consumers who qualify for its top credit tier.

The numbers for an otherwise identical lease of a 2013 model are .00157 and 59%.

Volkswagen is providing cash incentives on Golfs right now, just not on the R.

I am new here so I apologize if you guys have covered this already. Read some old threads and didn't find the answer.

So I'm looking to lease a 2012/2013 Golf. VW is offering their big, sign and drive event with 0 down, 0 deposit and $240 a month for manual. Is that a good deal for a VW? This will be the first time I'm leasing a VW car.

I'm wondering if there is typically negotiation room for these specials? Or are they pretty much set? I've been asking the dealers about the money factor and residual value w/o mentioning the special. Thanks!

Welcome chinoischai. Manufacturers' advertised leases are usually decent deals, however they usually leave a little meat on the bone so to speak as well. Savvy consumers who are in areas that have a decent level of competition are often able to beat manufacturers' advertised leases by negotiating lower selling pries.

Dealer gave me $17,692 for the residual (.57) and .00225 money factor. My payment calculation came out a little bit lower when I plugged everything in to my spreadsheet so maybe I'm missing a variable somewhere.

Hi Bo. Volkswagen Credit's January buy rate lease money factor and residual vale for a 36-month lease of a 2013 Golf R with 10,000 miles per year are .00150 and 58% for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 42-month lease are .00170 and 54%.

The addition of Navigation and Sunroof have not impact on this car's lease program.

Hi gpg7. Volkswagen Credit's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Golf 4-Door with Convenience, Sunroof and Automatic with 15,000 miles per year are .00018 and 51% for consumers who qualify for its top credit tier.

Hi aicarmic. Volkswagen Credit's current buy rate lease money factor and residual value for a 39-month lease of a 2013 Golf 4DR TDI with 15,000 miles per year are .00124 and 52% for consumers who qualify for its top credit tier. I provided you with the 39-month numbers instead of 36-month because that's the term that VW is pushing this month.

As an added bonus, Diesel models are now eligible for Volkswagen's popular "Sign Then Drive" sales event, where your first month's payment will be waived on leases.

Here's the information that you're looking for bada_bing. Volkswagen Credit's current buy rate lease money factor and residual value for a 39-month lease of a 2013 Golf R with 12,000 miles per year are .00142 and 54% for consumers who qualify for its top credit tier.

I gave you the 39-month numbers instead of the 36-month numbers because that's the term that VW is pushing right now. Keep in mind that VW is waiving the first month's payment on all leases this month.

Thank you Car_man. The residual on the Golf R is not terrible but combined with the unsubsidized money factor, I arrive at a lease payment of $440-450/mo (9% CA use tax included) on a 39 month/12K mile per year lease with zero cap reduction and assuming a healthy $4,000 discount which is perhaps overly optimistic. Sounds like a less than great lease deal. Perhaps I will explore a purchase option if dealers start offering crazy discounts to clear the glut of Golf R's.

Hey Josh. Through July 8th, VW Credit's buy rate lease money factor and residual value for a 36-month lease of a 2013 Golf TDI with 12,000 miles per year are .00124 and 55% for consumers who qualify for its top credit tier.